PMDIX vs. PEY
Compare and contrast key facts about Principal Small-MidCap Dividend Income Fund (PMDIX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY).
PMDIX is managed by Principal. It was launched on Jun 6, 2011. PEY is a passively managed fund by Invesco that tracks the performance of the NASDAQ US Dividend Achievers 50 Index. It was launched on Dec 9, 2004.
Performance
PMDIX vs. PEY - Performance Comparison
Loading graphics...
PMDIX vs. PEY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMDIX Principal Small-MidCap Dividend Income Fund | 1.44% | 8.63% | 14.56% | 18.81% | -11.66% | 30.41% | -6.40% | 25.38% | -13.80% | 13.30% |
PEY Invesco High Yield Equity Dividend Achievers™ ETF | 6.22% | 0.56% | 5.25% | 7.29% | 2.45% | 26.15% | -3.85% | 24.76% | -7.49% | 8.78% |
Returns By Period
In the year-to-date period, PMDIX achieves a 1.44% return, which is significantly lower than PEY's 6.22% return. Over the past 10 years, PMDIX has outperformed PEY with an annualized return of 9.40%, while PEY has yielded a comparatively lower 8.66% annualized return.
PMDIX
- 1D
- -0.85%
- 1M
- -8.86%
- YTD
- 1.44%
- 6M
- 2.85%
- 1Y
- 14.22%
- 3Y*
- 13.66%
- 5Y*
- 8.72%
- 10Y*
- 9.40%
PEY
- 1D
- 0.84%
- 1M
- -1.27%
- YTD
- 6.22%
- 6M
- 4.11%
- 1Y
- 4.68%
- 3Y*
- 7.44%
- 5Y*
- 5.66%
- 10Y*
- 8.66%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PMDIX vs. PEY - Expense Ratio Comparison
PMDIX has a 0.85% expense ratio, which is higher than PEY's 0.54% expense ratio.
Return for Risk
PMDIX vs. PEY — Risk / Return Rank
PMDIX
PEY
PMDIX vs. PEY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Small-MidCap Dividend Income Fund (PMDIX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PMDIX | PEY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.73 | 0.26 | +0.47 |
Sortino ratioReturn per unit of downside risk | 1.15 | 0.50 | +0.65 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.06 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.84 | 0.42 | +0.42 |
Martin ratioReturn relative to average drawdown | 3.45 | 1.25 | +2.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PMDIX | PEY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 0.26 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.35 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.46 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.27 | +0.25 |
Correlation
The correlation between PMDIX and PEY is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PMDIX vs. PEY - Dividend Comparison
PMDIX's dividend yield for the trailing twelve months is around 3.15%, less than PEY's 4.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMDIX Principal Small-MidCap Dividend Income Fund | 3.15% | 3.14% | 7.99% | 2.37% | 6.95% | 0.98% | 1.37% | 2.82% | 17.83% | 5.77% | 2.84% | 4.78% |
PEY Invesco High Yield Equity Dividend Achievers™ ETF | 4.66% | 4.85% | 4.44% | 4.58% | 4.22% | 3.83% | 4.30% | 3.78% | 4.33% | 3.21% | 3.12% | 3.44% |
Drawdowns
PMDIX vs. PEY - Drawdown Comparison
The maximum PMDIX drawdown since its inception was -46.47%, smaller than the maximum PEY drawdown of -72.81%. Use the drawdown chart below to compare losses from any high point for PMDIX and PEY.
Loading graphics...
Drawdown Indicators
| PMDIX | PEY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.47% | -72.81% | +26.34% |
Max Drawdown (1Y)Largest decline over 1 year | -14.51% | -13.28% | -1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -21.36% | -17.90% | -3.46% |
Max Drawdown (10Y)Largest decline over 10 years | -46.47% | -41.55% | -4.92% |
Current DrawdownCurrent decline from peak | -10.55% | -3.40% | -7.15% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -12.97% | +7.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 4.44% | -0.90% |
Volatility
PMDIX vs. PEY - Volatility Comparison
Principal Small-MidCap Dividend Income Fund (PMDIX) has a higher volatility of 4.92% compared to Invesco High Yield Equity Dividend Achievers™ ETF (PEY) at 3.26%. This indicates that PMDIX's price experiences larger fluctuations and is considered to be riskier than PEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PMDIX | PEY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.92% | 3.26% | +1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 10.82% | 9.87% | +0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.60% | 17.86% | +2.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.76% | 16.38% | +2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.22% | 18.90% | +1.32% |